Canada Stocks to Watch: RIM, Cameco, New Flyer, Mitel and more

Research In Motion Ltd. has lost another big BlackBerry customer, with Home Depot Inc. planning to transition some 10,000 employees to the iPhone. Sources told WSJ’s AllThingsD that the home improvement retailer plans to outfit store, district and corporate management with iPhones in the months ahead.

Cameco Corp. said fourth-quarter earnings fell to 11 Canadian cents a share from 67 Canadian cents and revenue edged down 1%. Adjusted earnings fell to 60 Canadian cents a share from 63 Canadian cents, but were ahead of the Thomson Reuters mean estimate for a profit of 41 Canadian cents a share.

New Flyer Industries Inc. said it now expects fourth-quarter adjusted EBITDA to be about equal to the third-quarter level, instead of its previous projection that it would be stronger.

Mitel Networks Corp. said it expects third-quarter revenue of about $142 million, in line with its previous guidance.

About Canada Real Time

Canada Real Time provides insight and analysis into what’s making news in Canada, a country punching above its weight on the world stage thanks to its vast resources and strong banking sector. Drawing on the expertise of The Wall Street Journal and Dow Jones Newswires, we take a look at developments in fields ranging from business to politics to culture. You can contact the editors at canadaeditors@dowjones.com